Tag Archives: Zimbabwe

A DIPLOMATIC rift between European superpowers Britain and Germany over Zimbabwe emerged this week when the British government hosted Finance minister Patrick Chinamasa while the Germans barred him from visiting. This came as Berlin adopts a cautious approach towards the Zimbabwean government, ushered in through a military intervention last year, in line with the European…

#Zimbabwe Military take over video published on#ZBC TV at 4am local time pic.twitter.com/5zfplo80h3 — Dewa Mavhinga (@dewamavhinga) November 15, 2017 Source : https://twitter.com/dewamavhinga?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Dewa Mavhinga Southern Africa Director Follow @Dewamavhinga Dewa Mavhinga is the Southern Africa Director with the Africa Division at Human Rights Watch. Dewa has more than ten years research and advocacy experience on Zimbabwe…

Government is tightening its grip on the bond notes by subjecting cross-borders to serious scrutiny as the money authorities bid to deal with a thriving parallel market of the surrogate currency on its borders. This comes after Reserve Bank of Zimbabwe (RBZ) official Azvinandawa Saburi told guests at the Zimbabwe National Chamber of Commerce…

Today is the 37th anniversary of Zimbabwe’s independence. Food Assistance Fact Sheet – Zimbabwe January 27, 2017 Food Security Situation CIA World Factbook Based on the July 2016 Zimbabwe Vulnerability Assessment Committee findings, an estimated 4.1 million people will be food insecure during the peak of the next lean season in January to March…

Acknowledgements : The Economist The king of funny moneyZimbabwe’s new “bond notes” are falling fast Robert Mugabe prints banknotes and insists they are worth as much as US dollars. No one is fooled From the print edition | Middle East and Africa Feb 18th 2017 | HARARE HOW much is an American dollar worth?…

Banks only have enough cash in offshore accounts to finance about two weeks’ worth of the country’s imports. Reuters / 16 February 2017 00:12 Zimbabwean banks only have enough cash in offshore accounts to finance about two weeks’ worth of the country’s imports, according to a statement from the central bank on Wednesday. Local banks…

One of the purposes of propaganda and its distortion of the truth is to maximize or exaggerate what is least important and minimize or down-play what is of particular importance. It is the latter tactic that is used in the article below from Zimbabwe’s The Herald newspaper. In a pedestrian article requiring only a paragraph or two,…

An impeccable but unconfirmed source informs me that Zimbabwean banks have very recently blocked the use of Zimbabwean-issued cards in other countries. In effect this means there is nothing left in the country’s escrow account. Zimbabwean banks (including the RBZ) are invited to comment further: RBZ States That Standard Chartered Bank…